Tuesday, 15 March 2016

Oil & Gas - DBS Research 2016-03-15: Sinking further?

Oil & Gas - DBS Research 2016-03-15: Sinking further?EZION HOLDINGS LIMITED 5ME.SI  SEMBCORP INDUSTRIES LTD U96.SI  YANGZIJIANG SHIPBLDG HLDGS LTD BS6.SI 

Oil & Gas - Sinking further? 

  • 4Q15 saw the realisation of the long anticipated impairment/provisions 
  • More could be seen for Ezra, Cosco and Keppel in 2016 
  • Ezion and Sembcorp Industries (SCI) remain our BUYs among Singapore O&G stocks 
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